The appearance of BNP Paribas on two high-yield deals from the automotive sector marked a return to form for the French bank this week.

The bank is now top of the month-to-date Dealogic league table for the high-yield asset class in Europe, the Middle East and Africa, alongside Citi and UniCredit, having been absent from the top 10 in the second quarter. In the first quarter of the year, it ranked fifth.